Launches & Closures

Zhao-led New Vision to launch China long/short equity fund


Hong Kong-based New Vision Management is launching in mid to late February a long/short equity fund focused on China.

The NVC China Fund has been seeded at $20 million by the founders and will invest in listed companies in Hong Kong as well as mainland Chinese firms listed in markets overseas.

New Vision obtained its asset management license from the Hong Kong’s SFC in December.

The three co-founders of the firm were all born in the mainland but have built years of capital market experiences in Hong Kong.

The key mover behind the group is private equity investor Jay Zhao who is